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CDX ETF Price & Analysis

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CDX ETF Chart & Stats

ETF Overview

Simplify High Yield PLUS Credit Hedge ETF

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is a sophisticated investment vehicle designed for those seeking exposure to the high-yield corporate bond market, while also desiring an added layer of risk management. Falling under the broad category of corporate fixed-income securities, CDX is particularly focused on high-yield bonds, which are known for their potential to deliver attractive returns in exchange for higher risk. This ETF strategically navigates a broad spectrum of maturities within the high-yield sector, offering investors a diversified approach to credit exposure. What sets CDX apart is its unique hedging strategy, aimed at mitigating credit risk inherent in lower-rated bonds. By incorporating a credit hedge, the fund endeavors to cushion investors against potential downturns in the credit market, enhancing the stability of returns. This makes the ETF an intriguing option for investors who are bullish on the prospects of high-yield bonds but are cautious about the volatility and credit risks associated with them. In essence, CDX is tailored for those looking to capitalize on the lucrative opportunities in the high-yield bond market, while simultaneously seeking a prudent strategy to manage credit risk. Its broad-maturity focus allows for a balanced exposure across different durations, catering to investors who value both yield potential and risk mitigation. Whether you're a seasoned investor or new to the world of high-yield bonds, the Simplify High Yield PLUS Credit Hedge ETF offers a compelling blend of growth potential and defensive strategies within the corporate bond landscape.

Simplify High Yield PLUS Credit Hedge ETF (CDX) Fund Flow Chart

Simplify High Yield PLUS Credit Hedge ETF (CDX) 1 year Net Flows: $71M

CDX ETF FAQ

What was CDX’s price range in the past 12 months?
CDX lowest ETF price was $21.34 and its highest was $25.59 in the past 12 months.
    What is the AUM of CDX?
    As of Feb 21, 2025 The AUM of CDX is 134.75M.
      Is CDX overvalued?
      According to Wall Street analysts CDX’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does CDX pay dividends?
        CDX pays a Monthly dividend of $0.05 which represents an annual dividend yield of 11.92%. See more information on CDX dividends here
          How many shares outstanding does CDX have?
          CDX has 5,874,850 shares outstanding.
            Which hedge fund is a major shareholder of CDX?
            Currently, no hedge funds are holding shares in CDX

            Top 10 Holdings

            Name
            Weight %
            USD_CASH
            United States Treasury Bills 0.0% 10-APR-2025
            62.82%
            USD_CASH
            United States Treasury Bills 0.0% 13-MAR-2025
            29.49%
            USD_CASH
            United States Treasury Bills 0.0% 01-APR-2025
            3.89%
            Simplify Downside Interest Rate Hedge Strategy ETF
            2.03%
            USD_CASH
            U.S. Dollar
            1.72%
            USD_CASH
            MUTUAL FUND (OTHER)
            0.04%
            Total100.00%
            See All Holdings
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